I mean even $100 annually compounds to be tens of thousands over a lifetime. Furthermore, Vanguard manages like almost 10 trillion so that ends up being nearly a billion extra extracted per year.
My main issue though is that Vanguard's brand is low-risk passive, but they are now selling high-risk active funds under that brand.
My main issue though is that Vanguard's brand is low-risk passive, but they are now selling high-risk active funds under that brand.